Invention Grant
- Patent Title: Method and system for conducting international electronic financial transactions
- Patent Title (中): 开展国际电子金融交易的方法和制度
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Application No.: US10868729Application Date: 2004-06-15
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Publication No.: US08156040B2Publication Date: 2012-04-10
- Inventor: Peter John Gavin , Sandra Lynn Hamlin , Dianna Marie Weidenaar , Thomas H. Wick , Vicki Anderson , Henrik Parl , Søren Rose , Annelise Lysdal , Uwe Holmsgaard
- Applicant: Peter John Gavin , Sandra Lynn Hamlin , Dianna Marie Weidenaar , Thomas H. Wick , Vicki Anderson , Henrik Parl , Søren Rose , Annelise Lysdal , Uwe Holmsgaard
- Applicant Address: US MN Minneapolis
- Assignee: Federal Reserve Bank of Minneapolis
- Current Assignee: Federal Reserve Bank of Minneapolis
- Current Assignee Address: US MN Minneapolis
- Agency: King & Spalding
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Converting electronic files comprising financial transaction data for supporting international electronic financial transactions. A gateway financial institution that processes electronic payments can organize files comprising international financial transactions according to the destination country. The gateway financial institution can transmit the organized transaction files to an interface that is coupled to the computing systems of foreign financial institutions. The interface can convert the transaction files from the format of the originating financial institution to the format of the receiving financial institution. The converted transaction files can then be forwarded to the respective foreign financial institutions. The interface can also transmit additional data associated with the transaction files to support settlement of the transactions.
Public/Granted literature
- US20050004872A1 Method and system for conducting international electronic financial transactions Public/Granted day:2005-01-06
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